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UniCredit Group was officially founded in 1870, when Banca di Genova - later renamed Credito Italiano - opened for business. However, some of the banks that subsequently joined our group trace their origins much further back, such as Rolo Banca, founded in 1473.
On 21 July 2016, announced new strategic plan "Transform 2019," presenting the details during the Capital Markets Day on December 13. The review was based on five strategic pillars: strengthen and optimise capital, improve the asset quality, transform the operation model, maximise commercial bank value and adopt a lean but strong steering group corporate centre
UniCredit, Italy's largest bank, merged with HVB Group, Germany's second-largest bank, to create the fourth-biggest bank in continental Europe, with a full takeover of HVB affiliates Bank Austria and Polish Bank BPH;
Growth continued in Eastern Europe with an agreement allowing Koç Financial Services (a 50/50 JV between UniCredit and Koç Group) to acquire a 57.4% stake in Turkish bank Yapi ve Kredi Bankasi A.S.
Acquired controlling interests in Croatia's Splitska Banka and Slovakia's Pol'nobanka (later named Unibanka) and Bulgaria's leading bank, Bulbank, making UniCredito Italiano the third-largest western banking group in Central and Eastern Europe;
Acquired Boston-based Pioneer Group, Inc., strengthening asset management operations in Milan and Dublin and creating the Pioneer Global Asset Management S.p.A. group.